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Jul 22, 2011
07/11
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you've got these no longer emerge ing countries, china and india, brazil. america's status as the sole super power is in real peril, isn't it? >> it is. the world has changed a lot in that regard, and i think in some ways it feels like we're at that pivot of empire moment when the arc is a little downward. there's a sort of dislocation and apprehension about that that is one of the things being manifested in washington with all this bickering and all this gridlock. if there was ever a time to come together, this is it. i think our group demonstrated that you can have a principled compromise, one that does cut spending and reform entitlements. and, yes, reform the tax code to put our country in a stronger competitive position and that people on opposite sides of the aisle can actually come together for the good of the country. >> nor senator coburn, we've seen a pretty special relationship developing between president obama and speaker boehner. would you say it's love on the golf course? where are we going here? >> i'm a good friend of the president's. we ha
you've got these no longer emerge ing countries, china and india, brazil. america's status as the sole super power is in real peril, isn't it? >> it is. the world has changed a lot in that regard, and i think in some ways it feels like we're at that pivot of empire moment when the arc is a little downward. there's a sort of dislocation and apprehension about that that is one of the things being manifested in washington with all this bickering and all this gridlock. if there was ever a...
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84
Jul 14, 2011
07/11
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pretty hideous situation for america to find itself in, given now all these emerging countries, china, india, brazil and so on, all beginning to boom economically, it's the worst possible time for america to be in this position, isn't it? >> it is. the debt ceiling is the wrong point of controversy. to me, that's very obvious. this is not for future debt, debts we already owe. the truth is we are breaking in this country, the first rule of holes, when you're in a hole, you should stop digging. we haven't done that. we have a strushl budget -- structural budget deficit eating away at the core of our country, like a cancer continuing to grow. unless we stop that in a responsible way, forget this short term economic crisis we have, we will dig a hole so deep our children will never get out of it and undermine america's strength and leadership on the globe. if you think about it, the point at which americans became -- we became the dominant superpower in the country wasn't immediately after world war ii, many historians will point to the suez crisis where britain was involved in an action we tol
pretty hideous situation for america to find itself in, given now all these emerging countries, china, india, brazil and so on, all beginning to boom economically, it's the worst possible time for america to be in this position, isn't it? >> it is. the debt ceiling is the wrong point of controversy. to me, that's very obvious. this is not for future debt, debts we already owe. the truth is we are breaking in this country, the first rule of holes, when you're in a hole, you should stop...
114
114
Jul 19, 2011
07/11
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the company's operating income, and there is tremendous growth in satellite assets like star tv in india and sky tire, sky deutscheland, bskyb. it's still relatively underpenetrated, a growth engine and a free cash flow machine. >> the price of news corp crashing the past two weeks, is it now cheap? are the shares now undervalued, given the scale of this crisis? >> yes, news corp has lost over $8 billion of value since the crisis erupted in the last few weeks. and we can account with the decline in bskyb share price, and even just saying they give away the uk newspapers which obviously wouldn't happen. they could sell it or spin it, but that's maybe $2 billion of the whole decline. so $6 billion is more emotional, more worry about the unknowns, but i think at some point when we get through this, as long as u.s. assets aren't touched and pulled down with the scandal. uk-contained, then this is an amazing entry point to news corp stock. >> let me bring in professor coffey here. professor coffey, huge anger on both sides of the atlantic to the murdoches personally. he has been a talisman fi
the company's operating income, and there is tremendous growth in satellite assets like star tv in india and sky tire, sky deutscheland, bskyb. it's still relatively underpenetrated, a growth engine and a free cash flow machine. >> the price of news corp crashing the past two weeks, is it now cheap? are the shares now undervalued, given the scale of this crisis? >> yes, news corp has lost over $8 billion of value since the crisis erupted in the last few weeks. and we can account...
146
146
Jul 22, 2011
07/11
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you've got these no longer emerging country, china and india and brazil, and america's status as the sole superpower is in real peril, isn't it? >> it is. the world has changed a lot in that regard, and i think in some ways it feels like we're at that pivot of empire moment when the arc is a little downward. there's a sort of dislocation and apprehension about that that is one of the things being manifested in washington with all this bickering and all this gridlock. we have got to become more mature in washington certainly, and we've got to become more reasonable if we're going to get through this moment and have a country as strong on the far side of it as we had coming into it. >> i liked your column about the sort of lack of ambition when you see the space travel being dramatically reduced and that kind of dream ending. i think, when you and i were younger, you remember these amazing explorations into space, and they were fantastically ambitious and exciting, and they kind of motivated everybody. what worries me about what's going on now is everything's been cut back. the great a
you've got these no longer emerging country, china and india and brazil, and america's status as the sole superpower is in real peril, isn't it? >> it is. the world has changed a lot in that regard, and i think in some ways it feels like we're at that pivot of empire moment when the arc is a little downward. there's a sort of dislocation and apprehension about that that is one of the things being manifested in washington with all this bickering and all this gridlock. we have got to become...